Upwork says bitcoin skills becoming increasingly valuable

Anthony Caruana 15 February 2018 NEWS

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Freelance register Upwork says skills in digital currencies are in high demand in the freelance job market.

Regardless of which way cryptocurrency markets are moving, freelance operatives who understand how cryptocurrency markets work and how the technology behind bitcoin and other coins work are in high demand. And that demand doesn't follow the rising and falling tide of coin prices.

As more people are engaged in coin trading, often with little understanding of how the technology behind coin mining works, or what triggers the sometimes rapid price movements, freelance skills in cryptocurrency markets are seen as a valuable commodity. This isn't unexpected as freelancers often have more opportunity to work on new skills than salaried employees for whom time on new skills not directly related to their current roles is seen as a distraction.

Even basic bitcoin skills, such as how to get started in cryptocurrency markets, can be useful.

With cryptocurrency still in its infancy, we can expect other emerging technologies to become a part of trading with machine learning and artificial intelligence skills also in high demand. And savvy freelancers that can put their bitcoin trading skills together with other areas of tech expertise can see their demand, and therefore potential pay, increase accordingly.

Interestingly, when you look at Upwork's top 20 fastest-growing skills for the last part of 2017, a number of financially related skills are in demand. Along with bitcoin, forex trading is also highly desired suggesting freelancers who can put together a portfolio of trading skills could find themselves in high demand.

In the meantime, if you're a freelancer or someone contemplating a move away from the traditional workforce, developing skills in the areas that Upwork has identified is a good place to start. If you're keen on making your mark in the world of cryptocurrency markets, then it looks like there are some great opportunities out there.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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